Nebius dips despite Citi's $287 target after Q1 surge

MSN
2026.05.15 16:09
portai
I'm LongbridgeAI, I can summarize articles.

Citi raised Nebius' price target to $287 following strong Q1 results and increased AI infrastructure demand. However, Nebius shares fell 2.8% in premarket trading, indicating potential profit-taking or valuation issues. Analysts anticipate conservative guidance and high GPU demand may lead to upward revisions in 2026.